Thursday, March 17, 2011

aka people in Japan in general and people in metropolitan Tokyo in particular, who try to secure the life's necessities like food, water, toilet paper, batteries, toiletries, etc. in preparation for the possible disruption of supplies.

Chief Cabinet Secretary Edano [who is praised in an article at Bloomberg for his timely release of information (no joke) and transparency (again, no joke)] warns that the government may have to consider some legal actions against people who hoard.

Edano said, "If people just act calmly and rationally and do not hoard, there will be plenty of supplies to the area most affected by the earthquake and tsunami [=Tohoku], helping their lives."

Liar, liar, pants on fire! Even the Japanese people now know, amid confusing and conflicting information from the Japanese news media, that there are plenty of foods and water and fuel in Tohoku. They pile up and sit at the official supply depots set up by the local municipalities, and are not reaching the people who needs them.

It's not because of "hoarding" that the people in Tohoku are not getting food, water, and heating oil (one person already died from the lack of them). It's because of the bureaucratic red tape, and the bureaucrats' strange determination to carry out orders by the book.

And this government official blames people for trying to protect themselves and their families.

Get this, people of Japan? The government kills. Don't think it's just governments like Libya's or Bahrain's that kill.

About my coverage of Japan Earthquake of March 11

I am Japanese, and I not only read Japanese news sources for information on earthquake and the Fukushima Nuke Plant but also watch press conferences via the Internet when I can and summarize my findings, adding my observations.

About This Site

Well, this was, until March 11, 2011. Now it is taken over by the events in Japan, first earthquake and tsunami but quickly by the nuke reactor accident. It continues to be a one-person (me) blog, and I haven't even managed to update the sidebars after 5 months... Thanks for coming, spread the word.------------------This is an aggregator site of blogs coming out of SKF (double-short financials ETF) message board at Yahoo.

Along with commentary on day's financial news, it also provides links to the sites with financial and economic news, market data, stock technical analysis, and other relevant information that could potentially affect the financial markets and beyond.

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